NEW YORK--(BUSINESS WIRE)--Bernstein Liebhard, a nationally acclaimed investor rights law firm, is investigating potential securities fraud claims on behalf of shareholders of Plantronics, Inc. (“Plantronics” or the “Company”) (NYSE: PLT) from allegations that Plantronics might have issued misleading information to the investing public.
If you purchased Plantronics securities, and/or would like to discuss your legal rights and options please visit Plantronics Shareholder Investigation or contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com.
The Company announced disappointing third quarter 2020 results with sharp declines in revenue and earnings, and lowered guidance on February 4, 2020. Then the Company stated that it had started shipping its next-generation architecture during the quarter. The Company also revealed that demand for its Enterprise and Consumer headsets was below expectations.
On this news, the Company’s stock price fell $10.32, or over 38%, to close at $16.56 per share on February 5, 2020, injuring investors.
If you purchased Plantronics securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/plantronicsinc-plt-shareholder-class-action-lawsuit-stock-fraud-246/apply/ or contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com.
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for ten consecutive years.
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